June 27 Trading Idea:

On the 4-hour chart of the big coin, after the price declined, it found support around the 58,100 level and rebounded, but the rebound strength is limited. The latest candlestick is a small real-body candle with relatively long upper and lower wicks, indicating a balance of short-term forces. The market has entered a period of consolidation.

Both the DIF and DEA are operating deeply below the zero line, suggesting the market is in a 🈳 downtrend. The latest DIF crosses above the DEA to form a golden cross, and the MACD histogram bars have turned from negative to positive, showing some rebound momentum in the short term. However, be alert that this rebound could be a retracement within a continued downtrend.

Trading suggestions:

Big coin: move down from 60,500–60,000, targeting 59,000–58,000

Second coin: move down from 1,600–1,570, targeting 1,450–1,350

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